XRP Price Struggles Below $2.10 Resistance Amid Recovery Wave

XRP is experiencing a recovery wave, trading above $2.060 and the 100-hourly Simple Moving Average. The key resistance level at $2.10 remains challenging for further upward movement.

  • XRP's price climbed above $2.050 and $2.060 entering a positive zone.
  • A bearish trend line is forming with resistance at $2.0850 on the XRP/USD hourly chart.
  • The initial major resistance stands at $2.120, a close above which could push the price to $2.160 and further to $2.20.
  • A significant move past $2.20 might target $2.2650, with possible gains toward $2.280 and $2.350.

XRP Price

If the $2.10 resistance isn't surpassed, XRP may decline, with initial support at $2.050 and major support around $2.0150. Further drops could lead prices down to $1.950 or even $1.850.

  • Hourly MACD indicates a bearish pace.
  • Hourly RSI is below the 50 level.
  • Major support levels: $2.050, $2.0150.
  • Major resistance levels: $2.10, $2.160.